Receipt of observation letters with no adverse observations / no objection from the Stock Exchanges on the Scheme of Arrangement.

ASTRA MICROWAVE PRODUCTS LIMITED Regd. Office: ASTRA Towers, Survey No. 12(P), Kothaguda Post, Kondapur, Hitech City, Hyderabad - 500084, Telangana, INDIA Tel:+91-40-46618000, 46618001. Fax:+91-40-46618048 Email:mktg@astramwp.com,website:www.astramwp.com CIN: L29309TG1991PLC013203 October 29, 2026 To To The General Manager The Vice President, Department of Corporate Relations Listing Department BSE Limited The National Stock Exchange of India Limited Sir Phiroze Jeejeebhoy Towers, Exchange Plaza, Bandra Kurla Complex, Bandra Dalal Street, Fort, Mumbai - 400 001 (East), Mumbai - 400 051 Scrip code: 532493 Scrip code: ASTRAMICRO Dear Sir/Madam, Sub: Receipt of Observation Letter with ‘no adverse observations’ from BSE Limited and ‘no objection’ from the National Stock Exchange of India Limited in relation to the proposed Scheme of Arrangement between Astra Microwave Products Limited (“Demerged Company”/ “AMPL”) and Astra Space Technologies Private Limited (“Resulting Company”/ “ASTPL”) and their respective shareholders under Sections 230 to 232 and other applicable provision of the Companies Act, 2013 (“Scheme”)- Reg. Ref: Disclosure under Regulation 30 and other applicable Regulations of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, (“Listing Regulations”) With reference to our earlier letter dated 10th June, 2026 informing about the decision of the Board of Directors of AMPL approving the Scheme of Demerger of Space, Meteorology and Hydrology business, subject to receipt of applicable regulatory and other approvals. In this regard, we would like to inform you that AMPL has received observation letter with “no adverse observations” from BSE Limited on 29th October 2026 and observation letter with “no objection” from the National Stock Exchange of India Limited on 29th October 2026 in relation to the Scheme of Arrangement. The copies of the said observation letters are enclosed herewith. The said letters will also be made available on the website of AMPL at https://astramwp.com/demerger-of-space-meteorology-and- hydrology-business/ An ISO 9001, ISO 14001, ISO 45001 and ISO 27001 Certified Company Works: Unit 1: Plot No. 12, ANRICH Industrial Estate, Bollaram, Medak Dist., Telangana – 502325 Unit 2: Plot No. 56A, ANRICH Industrial Estate, Bollaram, Medak Dist., Telangana - 502325 Unit 3: Sy. No. 1/1, lmarath Kancha, Raviryala (V), Maheshwaram (Mdl) R.R.Dist., Telangana - 500005 Unit 4: Sy. No. 1/1, Plot No. 18 to 21, lmarath Kancha, Hardware Park, Raviryala (V), Maheswaram (M), R.R.Dist, Telangana – 500005 Unit 7: Sy. No.114/1, Plot No. S-2/9 & 10, E-City, Raviryala & Srinagar (V), Maheswaram (M), R.R.District, Telangana - 501359 R&D Centre: Plot No. 51(P), Bangalore Aerospace Park, Singanahalli Village, Budigere Post, Bangalore North Taluk, Karnataka - 562149 ASTRA MICROWAVE PRODUCTS LIMITED Regd. Office: ASTRA Towers, Survey No. 12(P), Kothaguda Post, Kondapur, Hitech City, Hyderabad - 500084, Telangana, INDIA Tel:+91-40-46618000, 46618001. Fax:+91-40-46618048 Email:mktg@astramwp.com,website:www.astramwp.com CIN: L29309TG1991PLC013203 The Scheme remains subject to applicable regulatory and other approvals. Please take the same on record. Thanking you, Yours faithfully, For Astra Microwave Products Limited T. Anjaneyulu Company Secretary & Compliance Officer An ISO 9001, ISO 14001, ISO 45001 and ISO 27001 Certified Company Works: Unit 1: Plot No. 12, ANRICH Industrial Estate, Bollaram, Medak Dist., Telangana – 502325 Unit 2: Plot No. 56A, ANRICH Industrial Estate, Bollaram, Medak Dist., Telangana - 502325 Unit 3: Sy. No. 1/1, lmarath Kancha, Raviryala (V), Maheshwaram (Mdl) R.R.Dist., Telangana - 500005 Unit 4: Sy. No. 1/1, Plot No. 18 to 21, lmarath Kancha, Hardware Park, Raviryala (V), Maheswaram (M), R.R.Dist, Telangana – 500005 Unit 7: Sy. No.114/1, Plot No. S-2/9 & 10, E-City, Raviryala & Srinagar (V), Maheswaram (M), R.R.District, Telangana - 501359 R&D Centre: Plot No. 51(P), Bangalore Aerospace Park, Singanahalli Village, Budigere Post, Bangalore North Taluk, Karnataka - 562149 Ref: NSE/LIST/55855 October 29, 2026 The Company Secretary Astra Microwave Products Limited Dear Sir /Madam, Sub: Observation Letter for draft Scheme of Arrangement between Astra Microwave Products Limited (“AMPL/ Demerged Company”) and Astra Space Technologies Private Limited (“ASTPL/ Resulting Company”) and their respective shareholders and creditors, under Section 230-232 read with other applicable provisions of the Companies Act, 2013. We are in receipt of the captioned draft scheme filed by Astra Microwave Products Limited Based on our letter reference no. NSE/LIST/55855 dated August 18, 2026, submitted to SEBI pursuant to SEBI Master Circular No - SEBI/HO/CFD/POD-2/P/CIR/2023/93 dated June 20, 2023, read with Regulation 94(2) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, SEBI vide its letter dated October 29, 2026, has inter alia given the following comment(s) on the draft scheme of arrangement: a) The Company shall ensure that Draft Scheme shall be in compliance with the provisions of Regulation 11 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. b) The Company shall ensure that the entities involved in the proposed scheme shall not make any changes in the draft scheme subsequent to filing the draft scheme with SEBI by the Stock Exchange(s), without specific written consent of SEBI except those mandated by the regulators/ authorities/ tribunal. c) The Company shall ensure that the entities involved in the Draft Scheme have complied with the relevant provisions of the Companies Act, 2013, the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, covenants of the Debenture Trust Deeds entered with the Debenture Trustee(s) (if applicable) and all other applicable regulations, circulars and master circulars. d) The Company shall ensure that the observations of SEBI and Stock Exchange(s) shall be incorporated in the petition to be filed before the NCLT and that the listed entity is obliged to bring the observations to the notice of the NCLT. National Stock Exchange of India Limited | Exchange Plaza, C-1, Block G, Bandra Kurla Complex, Bandra (E), Mumbai - 400 051, India Tel: +9122 2659 8100 | Fax No. + 91 22 2659 8120 | CIN: L67120MH1992PLC069769 Continuation Sheet Ref: NSE/LIST/55855 October 29, 2026 e) The Company shall ensure that the listed entity discloses all details of ongoing adjudication and recovery proceedings, prosecution and all other enforcement actions taken, if any, against the companies involved in the scheme and their promoters and directors before the NCLT and shareholders, while seeking approval of the Draft Scheme. f) The Company shall ensure that the information pertaining to the unlisted companies involved in the Draft Scheme shall be included in the format specified for abridged prospectus as provided in Part E of Schedule VI of the ICDR Regulations, 2018, in the explanatory statement or notice or proposal accompanying resolution to be passed, which is sent to the shareholders for seeking approval. g) The Company shall ensure that the financials in the Draft Scheme, including the financials considered for valuation report are not older 6 months. h) The Company shall ensure that additional information, if any, submitted by the listed entity after filing the scheme with the Stock Exchange(s), from the date of receipt of this letter, is displayed on the websites of the listed entity and the stock exchanges. i) The Company shall ensure that the scheme shall be acted upon subject to the listed entity complying with relevant clauses mentioned in the scheme document. j) The Company shall ensure that the equity shares proposed to be issued in terms of the scheme, if any, shall mandatorily be in demat form only. k) The Company s [Showing first 8,000 characters — download PDF for full document]